Retirement Plans

9 Months Ended

Sep. 30, 2018

Compensation And Retirement Disclosure [Abstract]

Retirement Plans

14.  Retirement Plans

The Company and certain of its subsidiaries have pension and profit sharing plans covering substantially all of their employees. The Company’s defined benefit pension plan, The Pension Agreement between Akro-Mils and United Steelworkers of America Local No. 1761-02, provides benefits primarily based upon a fixed amount for each year of service. The plan was frozen in 2007, and thus benefits for service were no longer accumulated after this date.

Net periodic pension cost is as follows:

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2018			2017			2018			2017
Interest cost	$	56		$	63		$	168		$	189
Expected return on assets		(79	)		(74	)		(237	)		(222	)
Amortization of net loss		21			24			63			72
Net periodic pension cost	$	(2	)	$	13		$	(6	)	$	39

The Company does not expect to make a contribution to the plan in 2018.